GOP States Say SEC Climate Disclosure Plan Violates Statutes, Free Speech

Previewing almost certain legal challenges, a coalition of 24 Republican-led states is charging that the Securities and Exchange Commission’s (SEC) proposal to require public companies to calculate and disclose a range of climate-related information would overstep the agency’s statutory authority and violate First Amendment rights. The states’ June 15 comments , which were led by West Virginia and Arizona and were submitted ahead of a June 17 deadline, are being backed by a range of industry groups and House Republicans,...